U.S. oil firm Chevron has brought its Bangka field development project online with gas now flowing at the field offshore Indonesia. This is the first phase of the Chevron-run Indonesia Deepwater Development (IDD) Project in East Kalimantan.
Chuck Taylor, Managing Director Chevron IndoAsia Business Unit:“First gas for the Bangka Project is a significant milestone and highlights Chevron’s commitment to continue supporting the government’s energy goals…”
The Bangka project has a design capacity of 110 million cubic feet of natural gas and 4,000 barrels of condensate per day. Chevron has a 62 percent interest in the Bangka project with the other contributing joint venture participants being Eni with a 20 percent interest and Tip Top with an 18 percent interest.
A final investment decision was reached in 2014, following government approvals. Chevron began drilling the development wells in the second half of 2014.